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BofA: 95% Fall in Fourth-Quarter Net Income

1-22-08 • CalculatedRisk.blogspot.com

Bank of America Corp.'s fourth-quarter net income fell 95% as the company recorded a higher-than-expected $5.28 billion in collateralized debt obligation write-downs and said credit costs soared.

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BofA: 95% Fall in Fourth-Quarter Net Income

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